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PEP
Benzinga
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PepsiCo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. PEP's Q3 earnings expected at $2.26, down from last year's $2.31. 2. Projected revenue for PEP is $23.86 billion, higher than last year's $23.32 billion. 3. Elliott Investment Management acquired a $4 billion stake in PEP recently. 4. PEP shares slightly declined, closing at $141.98, signaling market concerns. 5. Analysts have mixed ratings, with recent price targets generally lowered.

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FAQ

Why Bearish?

Analysts expect lower earnings and reduced price targets, indicating potential investor concern.

How important is it?

Upcoming earnings and activist investor involvement suggest significant influence on stock perspective.

Why Short Term?

Earnings release on Oct. 9 may lead to immediate market reactions.

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